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find out what's really happening to the global economy cause a report on. science technology innovation all the list of elements from around russia we've. covered. my. thanks. to say if i knew what we mr president you know the list of things to european union holds against you so i'm not going to repeat it. you know what you can if you like i don't mind i do know them very well that's certainly true. and so does everyone lack of political pluralism freedom of speech and so on and so forth and it's a long list but what i would like to ask you is why do you think your persona non grata there was live here and you don't. you know i visited venezuela recently and i had some time to think i did some reading on allies things and i thought of it as if i were defeating with the americans and the west in general so i say all right because she is persona non grata for you you need to know him mentary you also deny entry to both my eldest sons and even my youngest who is just a little boy what wrong could he have done this he have anything to do with the alleged wreak
find out what's really happening to the global economy cause a report on. science technology innovation all the list of elements from around russia we've. covered. my. thanks. to say if i knew what we mr president you know the list of things to european union holds against you so i'm not going to repeat it. you know what you can if you like i don't mind i do know them very well that's certainly true. and so does everyone lack of political pluralism freedom of speech and so on and so forth and...
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first, whether the chinese economy will continue to grow sustainably. and secondly, whether a stronger china will become more assertive, and even -- [inaudible] [speaking chinese] [speaking chinese] >> translator: i think these two concerns are really necessary. china is capable of achieving sustainable and a healthy economic development, in pursuing social progress. and that are more than 1.3 billion people in this country so we are on a long journey towards modernization. for that we would require an international environment of lasting peace. even if china becomes stronger, we will not seek edge me. because we have learned from our own experience in the modern period that one should not impose on others what he himself does not desire. this is an article of faith for us. [speaking chinese] [speaking chinese] [speaking chinese] >> translator: let me underscore here that china has an unwavering commitment to peaceful development. we also have an unshakable determination to safeguard our country's sovereignty and territorial integrity. these two are not
first, whether the chinese economy will continue to grow sustainably. and secondly, whether a stronger china will become more assertive, and even -- [inaudible] [speaking chinese] [speaking chinese] >> translator: i think these two concerns are really necessary. china is capable of achieving sustainable and a healthy economic development, in pursuing social progress. and that are more than 1.3 billion people in this country so we are on a long journey towards modernization. for that we...
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well everyone wants a piece of what valorise has to offer in terms of the economy they didn't like me taking a stand and so they started calling me all sorts of things next we don't privatized everything and some are unhappy about that we are a welfare state with a strong social policy the social and economic policies i pursue you are very different from what the west would want us to have next we do have a rigorous political system when power is divided between entities like the parliament and the government the president ends up with no power and it's easy then to what happens in the state you can state fights and conflicts this backlash on the people behind all this you can lay your hands on some valuable assets through privatizing before anyone knows so they don't like it that they can't do it for freedom of speech is another such things but that can't be serious how is it even possible not to have them with all the modern media around us and there is also the internet our analysts have calculated fifty one percent of our active population are active internet users how can i possi
well everyone wants a piece of what valorise has to offer in terms of the economy they didn't like me taking a stand and so they started calling me all sorts of things next we don't privatized everything and some are unhappy about that we are a welfare state with a strong social policy the social and economic policies i pursue you are very different from what the west would want us to have next we do have a rigorous political system when power is divided between entities like the parliament and...
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but i actually know what going to get is the growth of the cash economy amongst. small shopkeepers and so on but the really big thing is the large corporations who have deposits the very large deposits often turned over on or on a week to or even daily basis but still maintain large deposits of banks for all sorts of cash payments including payroll payments what are they going to where they can put their money because they're going to get here. that doesn't apply just to cyprus that applies all across the board if i was a saver. in any of these countries are you worried because i wouldn't know i would be certain what happens and to be honest the reassurances that this is unique what has been lost so unique event happened in this course of this crisis and you know what the of the of the the unique the become routine matthew that's a very interesting routine it's been done the president is made sure absolutely i think but but there's no question that the cypriot banking system right just because of its liabilities structure is unique in that sense whether it's uniqu
but i actually know what going to get is the growth of the cash economy amongst. small shopkeepers and so on but the really big thing is the large corporations who have deposits the very large deposits often turned over on or on a week to or even daily basis but still maintain large deposits of banks for all sorts of cash payments including payroll payments what are they going to where they can put their money because they're going to get here. that doesn't apply just to cyprus that applies all...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser report.
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser report.
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east german government was desperate to earn hard currency to keep its command economy afloat. an attorney who represents claimants' of lost works of art knows his adversaries often prove less than cooperative. he has to fight tooth and nail for every picture and every piece of porcelain. >> the problem with the collectors dispossessed after 1949 is that entire livelihood's were wiped out. many victims were incarcerated for years and left ith nothing. for many, these works of art were their lives. people literally went over dead bodies to get their hands on these things. >> the collection has 18 months of breathing space. although in the museum world, that translates into a last- minute matter. if no agreement is reached, the duchess might set up her own museum. >> we have a few potential ideas for the future, but that would not mean me leaving forever. my family and i feel at home here. plus, i've done some new investing, so i will never say it is over for me and never coming back. >> if it turns out that museums will have nothing left to exhibit, the city will definitely be t
east german government was desperate to earn hard currency to keep its command economy afloat. an attorney who represents claimants' of lost works of art knows his adversaries often prove less than cooperative. he has to fight tooth and nail for every picture and every piece of porcelain. >> the problem with the collectors dispossessed after 1949 is that entire livelihood's were wiped out. many victims were incarcerated for years and left ith nothing. for many, these works of art were...
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find out what's really happening to the global economy with max comes or no holds barred look at the global financial headlines kaiser reports. download the official publication yourself choose your language stream quality and enjoy your favorite. if you're away from your television just doesn't matter now with your mobile device you can watch your t.v. any time. anyway. technology innovation all the developments around russia we. covered. we. welcome back to cross talk are all things considered i'm peter lavelle to remind you we're discussing the cyprus bailout program. ok we're now joined by matthew bose learn new york he is a market reporter for business insider thank you for being with us if i go to new york should the europeans trust banks now after what's happening in cyprus credibility issue well i think that's a big question right i mean we're you know we're sort of looking for any signs of deposit outflows that sort of thing in other per for countries like spain and italy i don't think we've really seen anything like that yet and i'm not sure that you know given the special
find out what's really happening to the global economy with max comes or no holds barred look at the global financial headlines kaiser reports. download the official publication yourself choose your language stream quality and enjoy your favorite. if you're away from your television just doesn't matter now with your mobile device you can watch your t.v. any time. anyway. technology innovation all the developments around russia we. covered. we. welcome back to cross talk are all things...
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the economy is on the edge. how is this a win? >> it is a win in a technical stents -- a sense. they would not fund -- because of that overnight agreement, that bankruptcy has been averted. on the ground, in reality, there are people there who are desperate to get money out. there are concerns in brussels about future bailouts. it is only a win in that very narrow definition of not having suffered the first bankruptcy of a national bank in the european union. but beyond that, we wait and see. >> as you indicated, this is not just cyprus. it is much broader. they are concerned to save -- to say the least. what guarantees do they have at their money is safe in the eurozone? >> if you are a small savor in the bank, bureaucrats here will tell you that cyprus was one off. yes, we came close to breaking bank accounts, but it did not quite happen, so rest calm. people responding to that is that so far, every time there has been a a lot or crisis, it has been a one off. greece was a one off and it could not happen again in that form. spain, portugal, italy. what's a cyprus has done is r
the economy is on the edge. how is this a win? >> it is a win in a technical stents -- a sense. they would not fund -- because of that overnight agreement, that bankruptcy has been averted. on the ground, in reality, there are people there who are desperate to get money out. there are concerns in brussels about future bailouts. it is only a win in that very narrow definition of not having suffered the first bankruptcy of a national bank in the european union. but beyond that, we wait and...
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the economy is on the edge. how is this a win? >> it is a win in a technical stents -- a sense. they would not fund -- because of that overnight agreement, that bankruptcy has been averted. on the ground, in reality, there are people there who are desperate to get money out. there are concerns in brussels about future bailouts. it is only a win in that very narrow definition of not having suffered the first bankruptcy of a national bank in the european union. but beyond that, we wait and see. >> as you indicated, this is not just cyprus. it is much broader. they are concerned to save -- to say the least. what guarantees do they have at their money is safe in the eurozone? >> if you are a small savor in the bank, bureaucrats here will tell you that cyprus was one off. yes, we came close to breaking bank accounts, but it did not quite happen, so rest calm. people responding to that is that so far, every time there has been a a lot or crisis, it has been a one off. greece was a one off and it could not happen again in that form. spain, portugal, italy. what's a cyprus has done is r
the economy is on the edge. how is this a win? >> it is a win in a technical stents -- a sense. they would not fund -- because of that overnight agreement, that bankruptcy has been averted. on the ground, in reality, there are people there who are desperate to get money out. there are concerns in brussels about future bailouts. it is only a win in that very narrow definition of not having suffered the first bankruptcy of a national bank in the european union. but beyond that, we wait and...
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economy. the euro/dollar is currently on the rise. >> as the economic crisis in cyprus deepens, china and russia have announced the creation of an alternative banking system that will provide a counterbalance to the imf and world bank. the leaders of those countries along with those from brazil, india, and south africa are meeting for a summit to hammer out a joint strategy to harvest -- contest their growing economic power. it is likely to focus on infrastructure financing, a direct challenge to seven decades of dominance by the world bank. >> with this summit, the brits are hoping to kickstart development that will bring financial independence. the quintet say they are keen to form a counterbalance to the established powers of the world bank and international monetary fund. the group is considering a joint reserve pool worth 93 billion euros, designed to help emerging economies having payment difficulties, and the development bank with a budget of nearly 40 billion euros, designed to improve
economy. the euro/dollar is currently on the rise. >> as the economic crisis in cyprus deepens, china and russia have announced the creation of an alternative banking system that will provide a counterbalance to the imf and world bank. the leaders of those countries along with those from brazil, india, and south africa are meeting for a summit to hammer out a joint strategy to harvest -- contest their growing economic power. it is likely to focus on infrastructure financing, a direct...
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economy. the euro/dollar is currently on the rise. >> as the economic crisis in cyprus deepens, china and russia have announced the creation of an alternative banking system that will provide a counterbalance to the imf and world bank. the leaders of those countries along with those from brazil, india, and south africa are meeting for a summit to hammer out a joint strategy to harvest -- contest their growing economic power. it is likely to focus on infrastructure financing, a direct challenge to seven decades of dominance by the world bank. >> with this summit, the brits are hoping to kickstart development that will bring financial independence. the quintet say they are keen to form a counterbalance to the established powers of the world bank and international monetary fund. the group is considering a joint reserve pool worth 93 billion euros, designed to help emerging economies having payment difficulties, and the development bank with a budget of nearly 40 billion euros, designed to improve
economy. the euro/dollar is currently on the rise. >> as the economic crisis in cyprus deepens, china and russia have announced the creation of an alternative banking system that will provide a counterbalance to the imf and world bank. the leaders of those countries along with those from brazil, india, and south africa are meeting for a summit to hammer out a joint strategy to harvest -- contest their growing economic power. it is likely to focus on infrastructure financing, a direct...
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that the island will avoid a default the euro group has signed off on the rescue plan for the ailing economy and let's now get the details from these tests are c.b.s. tests are very nice to see you so it looks like the laws each deal has finally been struck or does it apply. we're. really going to last minute. trying to meet a twenty fifth of march deadline to start. cutting our liquidity right now and leave us details we have. will be a restructuring of the country's largest bank you are. going to happen is going to be having a. bad bank so first of all. the one hundred thousand euros will be protected and a move to transfer to the bank of cyprus that is the largest lender of the country right. above one hundred thousand euros taking a last load will be quite a substantial last obo you have to root for that actual percentage. right now. because of the orders a class. has. a share of the spline now remember only an effort to get ten billion euro bailout from of the e.u. so in fact we are going to be getting it to avoid bankruptcy. really are fed up for the past a week now. on sunday but the
that the island will avoid a default the euro group has signed off on the rescue plan for the ailing economy and let's now get the details from these tests are c.b.s. tests are very nice to see you so it looks like the laws each deal has finally been struck or does it apply. we're. really going to last minute. trying to meet a twenty fifth of march deadline to start. cutting our liquidity right now and leave us details we have. will be a restructuring of the country's largest bank you are....
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why don't what's really happening to the global economy with. for a no holds barred look at the global financial headlines tune into kinds a report on r t. on the road to bass for this morning the u.s. army is beginning to withdraw from iraq. in december twentieth after nine years of occupation the last american troops are finally leaving the country. every guy got in about it and i do have a little bit of the iraqis anger towards the departing invaders who once dreamed of being liberators their departure resembles abandonment and escape despite the optimistic speeches. cease. april twenty twelve and i'm back in iraq in soho on the border with turkey. i have an appointment this morning with a lebanese taxi.
why don't what's really happening to the global economy with. for a no holds barred look at the global financial headlines tune into kinds a report on r t. on the road to bass for this morning the u.s. army is beginning to withdraw from iraq. in december twentieth after nine years of occupation the last american troops are finally leaving the country. every guy got in about it and i do have a little bit of the iraqis anger towards the departing invaders who once dreamed of being liberators...
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his first overseas trip as the country's leader with energy deals between two of the world's largest economies the focal point of discussions. i. panic and frustration in cyprus the citizens struggle to hold on to their cash and politicians race against time to avoid a default. in syria's main rebel groups and some opposition activists claiming the block is being guided by radicals. and i welcome you watching our tape with me andrew. the chinese wind in russia's economic cycle that is what russian president vladimir putin says he's aiming to do during l'amour landmark talks with his chinese counterpart in moscow xi jinping selected russia for his first trip abroad since the shaming power early this month by saving multi-billion dollar deals the two were also hoping to bolster their common clout in the world's arena as a nation now it expects. pushing two powers together a common goal to shift global balance is forging a tie which means russia and china could soon be unbreakable for a new chinese leader his first stop moscow to something surely washington must notice but is brushing off no they
his first overseas trip as the country's leader with energy deals between two of the world's largest economies the focal point of discussions. i. panic and frustration in cyprus the citizens struggle to hold on to their cash and politicians race against time to avoid a default. in syria's main rebel groups and some opposition activists claiming the block is being guided by radicals. and i welcome you watching our tape with me andrew. the chinese wind in russia's economic cycle that is what...
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regulations analysts are saying that the bailout loan itself would not completely rescue the cypriot economy because it's much more money will be needed to rescue this situation and you can see it will have to find the money elsewhere and certainly this remains a big question where it could find the money apart from that certainly there's a certain political wrangling happening between brussels and you could see it with the head of the cypriot parliament saying that they will vote on the turn it's of good blood. without considering the limitations and regulations over the european union and at the same angle america has stressed that i quote cyprus must behave accordingly with the european union regulations and must not test the boundaries of the troika patients and of quote so definitely this is a rollercoaster ride and as it stands cyprus may be plunging into a default unless any kind of common language and compromise is found any time soon the cypriot government is here to prison the e.u. and i.m.f. with a new planned up to plan not be a bailout but under is a bit care is a candidate for
regulations analysts are saying that the bailout loan itself would not completely rescue the cypriot economy because it's much more money will be needed to rescue this situation and you can see it will have to find the money elsewhere and certainly this remains a big question where it could find the money apart from that certainly there's a certain political wrangling happening between brussels and you could see it with the head of the cypriot parliament saying that they will vote on the turn...
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if you're going to ask the french president anything make sure it's nothing to do with the cypriot economy because he's just not willing to play ball now that seems to be the the message in europe at the moment is that they really don't know how to deal with the situation in cyprus they certainly have no answer at the moment and especially for mrs merkel you have to look at this as well if this does become a precedent that future countries that want to accept a bailout have to accept such a levy on their own people who have money in their bank accounts and what does that mean she's been put forward in a still remains personally popular here in germany as the woman that could take germany and the rest of the and the rest of europe out of the crisis if it seems that she's starting to flounder then with an election coming up in october she may well find herself looking over a shoulder of the dutch hero and pay twenty man does believe the controversial tax won't stop the rot in cyprus and will have ramifications across southern europe. they claim that this is a unique situation to cya prince b
if you're going to ask the french president anything make sure it's nothing to do with the cypriot economy because he's just not willing to play ball now that seems to be the the message in europe at the moment is that they really don't know how to deal with the situation in cyprus they certainly have no answer at the moment and especially for mrs merkel you have to look at this as well if this does become a precedent that future countries that want to accept a bailout have to accept such a...
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russian economy. was made during his annual address the russian parliament this year and here still start to this idea. have to make environment and russian economy more comfortable for those to invest their money. and to keep the money here on russian soil the biggest concern in the biggest unfairness which president putin talked about here concern small businesses private who have the money in cyprus and we're talking here at least around forty thousand people who have their money in the offshore accounts they will suffer and this is something of course which is now being seriously condemned by moscow but then of course cyprus is in a very difficult position either it risks losing the bailout funds which of course will keep the country buoyant if it goes ahead with that then of course it loses its foreign investment investment so what does it do the reason feeling that cyprus may be shooting itself in the leg in the sense that it's been living off the offshore and. for many years now and russians ha
russian economy. was made during his annual address the russian parliament this year and here still start to this idea. have to make environment and russian economy more comfortable for those to invest their money. and to keep the money here on russian soil the biggest concern in the biggest unfairness which president putin talked about here concern small businesses private who have the money in cyprus and we're talking here at least around forty thousand people who have their money in the...
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and this should be a sure thing and they didn't see the usual news you know just for economy grease on women resume bizarre view of the drug money wants to send the russians out of sight for this. well the mood here in nicosia cyprus remains rather negative it seems that the people feel that there was one bad news after another the latest being that the european central bank will only continue to provide liquidity to the country until monday and after that it will only continue to do so if there is an e.u. i.m.f. program in place. this means that there really is a cash problem on the ground cypriots going out to early in the morning trying to get as much cash as they could as some have told me that there's a limit on their cards of the amount that they could take for the bag change it has been lowered we've also been speaking to some shopkeepers they're really having a problem be seen big losses in their business and it's been a headache for them since this started. my business is down over seventy percent in just the last few days. are you really worried that. and one of the direct ef
and this should be a sure thing and they didn't see the usual news you know just for economy grease on women resume bizarre view of the drug money wants to send the russians out of sight for this. well the mood here in nicosia cyprus remains rather negative it seems that the people feel that there was one bad news after another the latest being that the european central bank will only continue to provide liquidity to the country until monday and after that it will only continue to do so if...
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the world economy. is now in tax havens people people don't do don't have an easy way to to see how or how how this economy works they should be aware that a lot of rich. companies in and in are some of them which intimately. as a way to minimize taxes so kristoff the billion dollar question why is it that bad money's been locked away in these tax havens it is very clear that for the very rich for the ultra rich who can buy just anything who billionaires that for them taxes are just costs they have their houses apartments real estate all over the globe for them it doesn't matter where they live so for them it matters we don't want to pay taxes and that's why they go anywhere not just to panama and a big difference in tax evasion tax avoidance isn't there what are they doing invent you know these huge investors they are nowadays doing a mix of investments and part of it is highly speculated part of it is in real value economy like car companies graphic risk for example and a part of it is of course in te
the world economy. is now in tax havens people people don't do don't have an easy way to to see how or how how this economy works they should be aware that a lot of rich. companies in and in are some of them which intimately. as a way to minimize taxes so kristoff the billion dollar question why is it that bad money's been locked away in these tax havens it is very clear that for the very rich for the ultra rich who can buy just anything who billionaires that for them taxes are just costs they...
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for more on the cyprus turmoil i'm joined by political economy expert marcus kava. kava we leave that appears to be a standoff between the e.u. and cyprus with the neither side willing to make concessions do you expect either side to give in where for the time being the cyprus side has gained the upper hand and the blackmail the blackmailing policy which is made by the cyprus government seems to work out or those type is one hundred percent to spend and on the willingness of the european union to bail the island out let's remember one thing cyprus represents about what zero point seven percent of the gross national product of the eurozone so it's not an essential part of the euro zone's and bailouts are only allowed to cling to the statutes of the european stability mechanism if a country really represents an essential part. of the eurozone and its stability is vital for the stability of the sustainability of the euro zone i think we have to come up with very clear decisions cyprus is no longer part of the eurozone and the behavior of the cyprus politicians shows wh
for more on the cyprus turmoil i'm joined by political economy expert marcus kava. kava we leave that appears to be a standoff between the e.u. and cyprus with the neither side willing to make concessions do you expect either side to give in where for the time being the cyprus side has gained the upper hand and the blackmail the blackmailing policy which is made by the cyprus government seems to work out or those type is one hundred percent to spend and on the willingness of the european union...
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by controlling the economy i mean controlling the wealth and the. people. so what we see now is like a trade between what people are only was a blood. and sweat against. backed. currency like the. euro and it's really it's really sad to see actually but again it's only because it is a small you can treat. a country like france for example which is a big country and. germany will actually pay for for ok all right well thank you very much mr corbell we do have to leave it there but thank you for your insight into this and we are awaiting to see what does happen next as alice alex political analyst. could russian ruble would be one of the reasons the e.u. wasn't willing to fully cyprus that is the baiting cross talk. like today. the germans were only agreed to this bailout if the russians depositors which is a lot is about thirty billion dollars worth of russian money in those banks they don't get away scot free and it's because of deposits overwhelmingly the people who are getting by this tax on depositors are cypriots. and the notion that russian oli
by controlling the economy i mean controlling the wealth and the. people. so what we see now is like a trade between what people are only was a blood. and sweat against. backed. currency like the. euro and it's really it's really sad to see actually but again it's only because it is a small you can treat. a country like france for example which is a big country and. germany will actually pay for for ok all right well thank you very much mr corbell we do have to leave it there but thank you for...
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is only there to help the world economy is not to compete with the western states and organizations what do you make of that what i think the brics is still a relatively unformed entity it's not entirely clear to me what it's actually going to do at the moment it seems to be a grouping of up and coming powers that sort of meet regularly and agree on certain things however another things i think they probably disagree as well and also we're dealing with five countries here they're very different stages of this sort of development path rafał upon two g. co-founder of the young china watchers professional network thank you so much for your time and being an i.t. thank. you to russia and china has been growing steadily in recent years an artist kitty pilgrim has more details on the numbers and the types of deals being struck. just to give you an idea as to how much money can be made trade is forecast to exceed one hundred billion dollars in it fifteen after already growing over ten percent last year now by twenty twenty we could be looking at two hundred billion dollars trade. a lot of
is only there to help the world economy is not to compete with the western states and organizations what do you make of that what i think the brics is still a relatively unformed entity it's not entirely clear to me what it's actually going to do at the moment it seems to be a grouping of up and coming powers that sort of meet regularly and agree on certain things however another things i think they probably disagree as well and also we're dealing with five countries here they're very different...
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agreements of the european union definity brussels remains probably the last solution for the cypriot economy but it's not so easy here as well apart from all the regulations and all the limits that the e.u. has imposed on cyprus it also demands that cyprus must impose the much maligned deposit tax in order to receive the bailout loan there is a certain dissent growing on the island now the head of the parliament saying that the parliament will probably will vote without considering the e.u. regulations and this leads many experts to believe that cyprus may even pull out from the eurozone in the some nearest future because of all these regulations by the european union besides the bailout loan from the european european union as experts say would not solve the economic problems of the island completely that you can see it will still have to find some money elsewhere and that is the biggest question of course where it will find these this money on top of that old brussels has once again reiterated that can even the head of the talks in moscow that it doesn't need the russian capital in order t
agreements of the european union definity brussels remains probably the last solution for the cypriot economy but it's not so easy here as well apart from all the regulations and all the limits that the e.u. has imposed on cyprus it also demands that cyprus must impose the much maligned deposit tax in order to receive the bailout loan there is a certain dissent growing on the island now the head of the parliament saying that the parliament will probably will vote without considering the e.u....
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to violate these rules that violation is interpreted in strange ways by the different players in an economy it's an irrational way to manage a capitalism that is always unstable and unpredictable so i would like to mention something about the cyprus event i think it's enormously important much more that's been understood first of all the the government of cyprus agreed with europe to impose these levees on the depositors of their own country they were planning to do that hope they'd be no trouble and had originally scheduled for their banks to open tuesday yesterday when the cypriot people said no way you are not going to make us pay for a crisis we didn't cause and bailouts that we never benefited from suddenly the politicians and the bankers who had gotten together to do this were defeated and they were defeated in a very important way by an uprising of the mass of people who simply said no we won't tolerate it that's why the bank holiday was extended first from tuesday then to today then to tomorrow now to next week this is a governmental control apparatus of this capitalist system that
to violate these rules that violation is interpreted in strange ways by the different players in an economy it's an irrational way to manage a capitalism that is always unstable and unpredictable so i would like to mention something about the cyprus event i think it's enormously important much more that's been understood first of all the the government of cyprus agreed with europe to impose these levees on the depositors of their own country they were planning to do that hope they'd be no...
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find out what's really happening to the global economy with mike's culture the no holds barred look at the global financial headlines tune into cars a report. hello welcome back a top u.s. general says the hunger strike among guantanamo bay prison the shows their frustration with the government's failure to close the facility rejecting reports over mistreatment and the desecration of the koran the number of participants acknowledged by the pentagon has now risen to twenty five with detainees lawyers maintaining it's more than one hundred r.t.s. can each again brings us the latest. what we see here is a small protest in front of the white house one told him all has been out of the media spotlight for a while now you don't see much coverage on major u.s. news channels even with the hunger strike going on there right now so these people are trying to draw attention to the detainees more than fifty lawyers representing the president sent a letter to defense secretary chuck hagel urging him to help her they said the participants health had deteriorated alarmingly and some had lost more than
find out what's really happening to the global economy with mike's culture the no holds barred look at the global financial headlines tune into cars a report. hello welcome back a top u.s. general says the hunger strike among guantanamo bay prison the shows their frustration with the government's failure to close the facility rejecting reports over mistreatment and the desecration of the koran the number of participants acknowledged by the pentagon has now risen to twenty five with detainees...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in two kinds of reports. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to wonder just depends longa. is the dream of millions of migrants that their children might choose their own motherland. oh my room is new. i want my children to win over moscow. russia has become this stepmother land. migrants working hard to find a way home. mission free credit patience three. four judges three. three. three stooges free. download free blog videos for your media projects free media. dot com. speak your language. news programs and documentaries in spanish matters to you. a little turn to angles stories. the spanish find out more visit. download the official application to choose your language stream quality and enjoy your favorite. if you're away from your television. with your mobile device you can watch on t.v. anytime anywhere. else i welcome back now on this day ten years
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in two kinds of reports. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to wonder just depends longa. is the dream of millions of migrants that their children might choose their own motherland. oh my room is new. i want my children to win over moscow. russia has become this...
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professor of political economy at the university of nicosia believes there would be done repercussions to the separate nation if it complied with the strict bailout terms. there is a political willingness by the government to reach an agreement for the bailout which we did troika but it seems that they're making it more and more difficult with new and new demands they fear that exists in case that all demands of the trade got accepted i mean it would be very difficult for these under one of these agreement to be viable in the sense that if we throw the country in which is complete and the huge recession and the vicious circle and it will be extremely difficult if not impossible to get out of it this is unprecedented cyprus lost twenty five percent of its g.d.p. almost two years ago when there was the kid a couple of the greek dead and there has been no compensation for that if these ideas being discussed are implemented there will be another hearing of the cyprus g.d.p. which will be around forty percent it will be impossible i think to get out of such a mess british police account loo
professor of political economy at the university of nicosia believes there would be done repercussions to the separate nation if it complied with the strict bailout terms. there is a political willingness by the government to reach an agreement for the bailout which we did troika but it seems that they're making it more and more difficult with new and new demands they fear that exists in case that all demands of the trade got accepted i mean it would be very difficult for these under one of...
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economy. the european bailout proposals are all about helping the banks not the people who are always being forced to pay for the bondholders mistakes. why should the members of parliament tax the average guy in cyprus to bail out the rich bankers course they shouldn't be doing it they should follow the path of iceland let them go under too much the all of europe like all of america is a bank ocracy everything is being run for the banks this is all about bailing out the banks it's not about bailing out cyprus not about bailing out greece or italy or spain it's the banks the banks that went bananas during the during the federal reserve bank of england and e.c.b. generated boom of two thousand and seven two thousand and even so they got into bad trouble they have to pay for the mistakes they made and certainly nobody in cyprus should be taxed to pay back the bonds they never agreed to average guys never agreed to pay those bonds they should repudiate the bonds start afresh and no longer rip off
economy. the european bailout proposals are all about helping the banks not the people who are always being forced to pay for the bondholders mistakes. why should the members of parliament tax the average guy in cyprus to bail out the rich bankers course they shouldn't be doing it they should follow the path of iceland let them go under too much the all of europe like all of america is a bank ocracy everything is being run for the banks this is all about bailing out the banks it's not about...
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politically when you have the world's biggest country join hads with potentially the world's largest economy this becomes a very powerful possibility ok thank you and he said thanks very much no doubt we'll get updates throughout the day we do have just a bit more time actually so we'll ask you when you were poor to mention the brics group how big a role how much influence does that actually have in the world well that's just it really in short to answer your question the brics need to put their money where their mouth is in the words of leds in europe and just ahead of this visit they need to shift from a dial want based format to a full scale strategic cooperation mechanism and so that they can solve key world issues together in order to do that they need to move forward on their plans to build a brics development bank to counterbalance institutions like the iceman. ok we will leave it there thank you anita that's a nice and now we live from moscow. well let's now talk to professor joseph chain a political analyst at hong kong city university mr chen can you hear if you firstly there is mr
politically when you have the world's biggest country join hads with potentially the world's largest economy this becomes a very powerful possibility ok thank you and he said thanks very much no doubt we'll get updates throughout the day we do have just a bit more time actually so we'll ask you when you were poor to mention the brics group how big a role how much influence does that actually have in the world well that's just it really in short to answer your question the brics need to put...
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running the country and really this is not acceptable since it is not seen any change in terms of the economy and my own to consider the constitution has been changed. sixty written by i think the most domenica constituent assembly for the moment here in the streets there's many injured people changing from the telecast there's a head injury to lots of blood and again i just mentioned the use of weapons people coming up with on gunshot wounds and. on the security front to back hard to not simply controlling the situation room expecting construction to go on to deny and possibly espionage. things for much for that will be trying to get some more comment as well from from cairo in the forthcoming hour or so and for most of the day riot police of ring the cypriot parliament is angry crowds kept vigil outside the legislature for a fifth day running. we're talking about cyprus now of course these live pictures from sorry about that jump there let's go to cyprus live. all these pictures let me just ask these pictures from cyprus of these pictures from these are live pictures from cyprus tonight pro
running the country and really this is not acceptable since it is not seen any change in terms of the economy and my own to consider the constitution has been changed. sixty written by i think the most domenica constituent assembly for the moment here in the streets there's many injured people changing from the telecast there's a head injury to lots of blood and again i just mentioned the use of weapons people coming up with on gunshot wounds and. on the security front to back hard to not...
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find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune into kinds a report on our t.v. . thanks for joining us here on arts here i'm real research live in moscow the u.s. president barack obama was in israel this week it was his first visit abroad since reelection and the american leader used his fine or a true skills to smooth things over with the country's leadership and. the thorny palestinian issue and this report out swats he's pulled a slip across this region the winds of change bring both promise and peril so i see this visit as an opportunity but an opportunity for who to reaffirm the unbreakable bond between our nations to restate america's unwavering commitment to israel's security and to speak directly to the people of israel nothing about the palestinians the stalled peace process or any pressure on television to stop settlement expansion the four years ago the message sounded very different i've come here to cairo to see.
find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune into kinds a report on our t.v. . thanks for joining us here on arts here i'm real research live in moscow the u.s. president barack obama was in israel this week it was his first visit abroad since reelection and the american leader used his fine or a true skills to smooth things over with the country's leadership and. the thorny palestinian issue and this...
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this could send the already fragile european economy into chaos the bail out levy is unjust shortsighted and dangerous cypriots for should fight tooth and nail against it they should not have to suffer for crimes they did not commit this is obvious to me as should be obvious to you so why did the e.u. come up with such a foolish plan and what are its broader ramifications for the european and global economies let's ask richard wright esko senior fellow at the campaign for america's future richard walker. thanks tom good to be back thanks for joining us the e.u. and the i.m.f. are mandating levies of nine point nine and six point seven five percent on these separate bank accounts as part of their bailout deal. what genius came up with this stupid idea. you know we don't know exactly who came up with it but we know that this is what this was what the troika want a trike of being in the european union and the i.m.f. basically. but here is you know one glimpse into the mind set behind it well and that was really disturbing was a mom. you know it was that had a pimco very well connected in th
this could send the already fragile european economy into chaos the bail out levy is unjust shortsighted and dangerous cypriots for should fight tooth and nail against it they should not have to suffer for crimes they did not commit this is obvious to me as should be obvious to you so why did the e.u. come up with such a foolish plan and what are its broader ramifications for the european and global economies let's ask richard wright esko senior fellow at the campaign for america's future...
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find out what's really happening to the global economy with mike's cause or there are no holds barred look at the global financial headlines tune in to the report. he used. to mean. a potentially deadly blizzard taking aim for the northeast it's expected to hit starting in a few hours from new york to maine we have team coverage of the storm. but what we're watching is the very heavy snow moving into boston proper earlier today it was very sticky you can see it start to become much more powder. the bottom line there's still a lot of snow out here a good place for snowball fight. heating it is been a pretty incredible day there and even record snowfall throughout what's been like nobody's like me driving lessons some emergency vehicles are exceptions. let me let me i want to wouldn't let me ask you a question from. here on this network is what we're having a debate we have our knives out. but if you give the cyclists back staying there again you're in a situation where be united way to talk about your name let me. know. where you low and other sort of live old man is still alive so i w
find out what's really happening to the global economy with mike's cause or there are no holds barred look at the global financial headlines tune in to the report. he used. to mean. a potentially deadly blizzard taking aim for the northeast it's expected to hit starting in a few hours from new york to maine we have team coverage of the storm. but what we're watching is the very heavy snow moving into boston proper earlier today it was very sticky you can see it start to become much more powder....
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to the program. european markets are start to go drift lower again. the ftse mib is down 2%. the dax in germany holding up better. the ftse 1100, too. fwank stocks mostly taking it on the chin, though. whether we're talking about spain where bbva is down 3.7%, banco santander down 3%. it looks as though declines in the banks are leading this next leg lower. here is a quick look at what's on this week's agenda as we turn our attention to the u.s. the national association of home builders releases its march index today. the pboc meeting starts tuesday with tons of data for thursday including manufacturing index for march, the philly fed survey and is leading economic indicators. with all that to run throu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to the program. european markets are start to go drift lower again. the ftse mib is down 2%. the dax in germany holding up better....
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to conjure reports . download the official publication yourself choose your language stream quality and enjoy your favorite. if you're away from your television just doesn't gossip about what your mobile device says you can watch on t.v. anytime anywhere. by imax kaiser this is the kaiser report yeah we're still in new york city stacey before we start i want to oppression of time square nine hundred sixty five. this will tell sign above times where it's all gone now well max people really want to know not about the callahan but they want to know about the cyprus man what's happening on the streets of cyprus so we're going to talk about that because there's you know there's a little song called by fiscal cliff richard i don't know if you recall this we're all going on a bank holiday no more spending for a week or two not much fun or laughter on a bank holiday so of course the.
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to conjure reports . download the official publication yourself choose your language stream quality and enjoy your favorite. if you're away from your television just doesn't gossip about what your mobile device says you can watch on t.v. anytime anywhere. by imax kaiser this is the kaiser report yeah we're still in new york city stacey before we start i...
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the country and so when the election was over yeltsin was back with the seven people owned half the economy so what kind of country can you rule over when seven people own it when what about so you actually met or is very close i met him in a in a private function once and i was with a young lady and she said my goodness peter this must be the safest place on earth and i said to you this is probably the least safe place on earth because it had so much security there i mean he was paranoid about security with good reason when he lived in russia talk about talk to us about. self exile. scaped it was a matter of escape escaped and what about the as he is there in absentia ultimately from moscow living in exile in london getting basically some form of refugee status was he still trying to get involved with russian politics he was he even said he wanted to overthrow the legitimate order of russia in two thousand and six he got slapped down for that by the home office ok the orange revolution everything you can imagine he probably had his fingers in so yes he definitely had an interest in russian
the country and so when the election was over yeltsin was back with the seven people owned half the economy so what kind of country can you rule over when seven people own it when what about so you actually met or is very close i met him in a in a private function once and i was with a young lady and she said my goodness peter this must be the safest place on earth and i said to you this is probably the least safe place on earth because it had so much security there i mean he was paranoid about...
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find out what's really happening to the global economy with my next concert a no holds barred look at the global financial headlines tune in to conjure reports on our. good laboratory to. build the world's most sophisticated. fortunately doesn't give a. mission to teach creation and why you should care about. this is why you should care only. that welcome back prisoners hunger strike at guantanamo bay is growing which even u.s. military officials now admit but they still deny that inmates are being mistreated or that some lives are in danger. what's more the lack of response from humanitarian organizations is raising eyebrows as marina. explains. as the kuantan of the hunger strike enters its forty second day there's been very little response and no outcry from international organizations the united nations for example has yet to comment or a good knowledge of the get mo hunger strike now r t did reach out to un human rights bodies in geneva and officials have promised to respond to our inquiry with a comment by tuesday afternoon now on the other hand the international committee of th
find out what's really happening to the global economy with my next concert a no holds barred look at the global financial headlines tune in to conjure reports on our. good laboratory to. build the world's most sophisticated. fortunately doesn't give a. mission to teach creation and why you should care about. this is why you should care only. that welcome back prisoners hunger strike at guantanamo bay is growing which even u.s. military officials now admit but they still deny that inmates are...
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economy people use natural let those big bad corporations pay tolls when they move their merchandise around the country to build the infrastructure live and pay some more money to our ports if we need to build what we're going to get ali to the point where they're already almost moving when governments all of the highway and they make up these fines are doing sixty in a fifty five and they charge you two hundred fifty bucks for that's not gouging that's not mistreated it's only that when billionaires charge these fees you know what billionaires try to do they try to find a cost that people will bear so they can make more government is indifferent to that where the main thing the billionaires are trying to do in this country and have been doing since the one thousand is it figure out all of this is figure out how to destroy competition is build monopolies or do try apple is try to try to do totally dominate individual industries and i grant you that adam smith and wants that that's a problem out but becoming the model of got the in vegas probably had its america well that's exactly wh
economy people use natural let those big bad corporations pay tolls when they move their merchandise around the country to build the infrastructure live and pay some more money to our ports if we need to build what we're going to get ali to the point where they're already almost moving when governments all of the highway and they make up these fines are doing sixty in a fifty five and they charge you two hundred fifty bucks for that's not gouging that's not mistreated it's only that when...